CONNECTING
THE
NEXT
BILLION

We connect the rural ecosystem

Data Collection>> Request Demo>>

I started out as a Buddy and in my very first season I sold pesticides to 31 farmers and then to 88 farmers in the second. Having earned US$ 4,000 in one year, I wanted to help other farmers avail of the same opportunities. So, now I’m a Mentor with AGRIBUDDY, inducting and training other Buddies

- Hongseng Soy
Mentor・GOLD BUDDY
Income from AGRIBUDDY : US$4,948

My family lives in a remote area, where the cost of fertilizer is higher than other places, and too high for most farmers. As a Gold Buddy, I was able to buy and supply fertilizers at a lower price on credit. Our income was more than US$ 900 and I want to expand my activities more and earn more money for my family

- Phat Phan
GOLD BUDDY
Income from AGRIBUDDY : US$992

AGRIBUDDY enabled us to change our normally used pesticide to a more effective one and saved our crops.

- Kinjarapu Ramarao
India

AGRIBUDDY helped me to accurately measure the use of my tractor by farmers and completely eliminated my payment disputes.

- Pothsray Noch
Cambodia

  • Hongseng Soy
  • Phat Phan
  • Kinjarapu Ramarao
  • Pothsray Noch

AGRIBUDDY CONNECTS
THE RURAL ECOSYSTEM

AGRIBUDDY will provide finance, knowledge, goods and services to the NEXT BILLION, who have been unconnected with the global economic system, to realize a dramatic increase in income for the rural areas of emerging nations through the BUDDY network.

Data collection

Data collection

BUDDY as a hub for unconnected farmers, providing services and collecting data at the same time

Data analysis

Data analysis

Each farmer

  • Risk assessment
  • Credit provision
  • Revenue forecast
Service delivery

Service delivery

  • Finance
  • Knowledge
  • Goods and services

CREDIT PROFILE =
PAST HISTORY × FUTURE FORECAST

Data is the key to predictable income and risk.
AGRIBUDDY uses ground level data collection to understand farmer pain points.
And develop solutions to stop the vicious cycle.
Data used to build creditworthiness profiles.

CONNECT THE FARM VALUE CHAIN

AGRIBUDDY influences every point in the farm value chain.
Distribution channels with unique data gathering and demand analysis capabilities from a grassroots network of BUDDIES.

WITH OR WITHOUT AGRIBUDDY

CASE STUDIES

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Credit Scoring System

CASE STUDY: ACLEDA BANK >>

AGRIBUDDY’s Credit Scoring algorithms develop risk profiles all the way down to the level of individual farmers, using a calibrated mix of information about crops, weather, land, market and personal information. These profiles grow increasingly accurate over extended time periods, and enable financial institutions to offer cheaper and timelier credit to farmers based on a more predictable risk/return equation.

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Data Gathering and Analysis

CASE STUDY: SATREPS >>

AGRIBUDDY’s platform is built specifically to track field-level granular data in near real-time, such as weather, soil conditions, hydrology, market conditions, infrastructure, etc. This enables us to conduct detailed studies and fine-tuned forecasts, taking a lot of the unpredictability out of the agricultural value chain, a boon for farmers, researchers and companies that rely on the farm sector for their core business.

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Crop Trading

CASE STUDY: GRAMEEN EUGLENA >>

The AGRIBUDDY platform enables us to aggregate outputs for domestic and export bulk consumers of crops, because we can track availability in real time, execute tighter quality control and coordinate logistics for higher cost-efficiency across disparate regions and multiple locations. We also function as a monitoring platform for contract farming companies.

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Rural Market Aggregation

CASE STUDY: AGRIBUDDY >>

Rural communities consume more than just agricultural inputs and produce more than just crops. AGRIBUDDY’s rural network serves as an aggregation and direct sales platform for sales of consumer goods like durables and consumables to the rural population by manufacturers. The BUDDY Network is a strong enabler of financing for durables as well.

ROADMAP

Number of BUDDIES 50 thousand
people
300 thousand
people
1 million
people
Number of farmers whose
agricultural productivity and
income are raised by BUDDIES
2 million
people
7.5 million
people
30 million
people
Total credit required 1.08 billion
dollars
8.1 billion
dollars
32.4 billion
dollars
Working capital required 380 million
dollars
2.83 billion
dollars
1.34 billion
dollars
2020 2025 2030

The increasing urban population (projected to reach 1.2 billion by 2030) is going to cause massive strains on the world’s food supply, leaving fewer people in agricultural production and more consumers who are disconnected from production sources and therefore not self-sufficient in food production. In order for production to keep pace with demand, a paradigm shift is needed in the current food production model, with small farmers needing to produce much more than they themselves consume.
By 2020, we plan to support 1 million farmers being managed by a network of 50,000 trained BUDDIES and resulting in 50-100% increases in small farmer crop yields in developing countries.

WINNER
NEST
2017
New Economy Summit 2017
First Prize

Hosted by the New Economy Federation
2017
WINNER
MIRAI
2017
MIRAI 2017
First Prize & SMFG Award

Co-hosted by Japan Research Institute, SMFG Bank
2017
WINNER
NIKKEI FINTECH
2016
NIKKEI FINTECH CONFERENCE 2016
First Prize

Organized by Nikkei FinTech
2017

CONTACT